Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Thu, Jan 22, 2026 02:08 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Thomas Maak

Director, Centre for Workplace Leadership, University of Melbourne
Professor Thomas Maak is a leading scholar in the field of responsible leadership. He uses a multi-level lens to research leadership at the individual, group and organizational level, linking ethical theory, political philosophy, relational thinking and stakeholder theory. Thomas has extensive experience in leadership development and has worked for several years with PricewaterhouseCoopers on their award-winning senior executive program ‘Ulysses’. Beyond leadership research his interests include ethical decision-making, political CSR, and organizational neuroscience. Through his work with leading social entrepreneurs in South Asia and South America he is also interested in social innovation and the advancement of human dignity in a connected world. Thomas received his Ph.D. from the University of St. Gallen and held appointments at INSEAD, ESADE Business School and the Wharton School before joining the University of Melbourne as Professor of Leadership and Director of the Centre for Workplace Leadership.

The ASX abandons push to require companies to have a social licence to operate. Was it only ever 'politically correct nonsense'?

Mar 04, 2019 12:58 pm UTC| Insights & Views Politics Business

After months of debate, the Australian Securities Exchange last week dumped a proposal to include reference to a social licence to operate in its updated Corporate Governance Guidelines. It was wrong to do so. The...

Economy

Japan Exports Rise Fourth Month as Yen Weakness Lifts Trade Outlook

Japans exports increased for a fourth consecutive month in December, highlighting the resilience of the countrys trade sector despite slower shipments to the United States. According to government data released Thursday,...

South Korea Economy Contracts Unexpectedly in Q4 2025 Amid Investment Slump

South Koreas economy recorded an unexpected contraction in the final quarter of 2025, marking its sharpest quarterly decline in three years and raising concerns about the countrys near-term growth outlook. According to...

U.S. Stocks Surge as Trump Eases Europe Tariff Threats, S&P 500 Jumps 1.2%

U.S. stocks closed sharply higher on Wednesday after President Donald Trump signaled a major easing of trade tensions with Europe, lifting investor sentiment and pushing major Wall Street indexes firmly into positive...

Trump Drops Tariff Threat After NATO Talks on Greenland’s Future

U.S. President Donald Trump has withdrawn a controversial threat to impose tariffs on several countries following discussions over Greenland, signaling a potential diplomatic breakthrough with NATO. The announcement came...

Ecuador Imposes 30% Tariff on Colombian Imports Amid Border Security Tensions

Ecuador President Daniel Noboa has announced a 30% punitive import duty on goods from Colombia, a move set to take effect on February 1, as part of efforts to pressure the neighboring country into strengthening border...

Politics

Supreme Court Signals Doubts Over Trump’s Bid to Fire Fed Governor Lisa Cook

U.S. Supreme Court justices on Wednesday signaled strong skepticism toward President Donald Trumps unprecedented effort to remove Federal Reserve Governor Lisa Cook, raising serious questions about presidential power and...

Spain Pushes for EU Joint Army to Strengthen European Security and Deterrence

Spain is calling on the European Union to move toward the creation of a joint European army, arguing that deeper military integration would strengthen deterrence and ensure the bloc can defend itself against external...

Trump Administration Launches Immigration Enforcement Operation in Maine Amid Political Tensions

The Trump administration has launched a new immigration enforcement operation in Maine, drawing sharp criticism from state leaders and immigrant advocacy groups as federal agents increase their presence in refugee-rich...

Trump’s “Board of Peace” Gains Support from Middle East and Asian Nations

Several key countries across the Middle East and Asia have formally accepted invitations to join U.S. President Donald Trumps newly announced Board of Peace, an initiative aimed at addressing and resolving global...

Trump Warns Iran Against Restarting Nuclear Program, Signals U.S. Readiness to Act

U.S. President Donald Trump said on Wednesday that he hopes there will be no further U.S. military action against Iran, but he issued a firm warning that the United States is prepared to respond if Tehran attempts to...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Technology

Memory Chip Shortage Drives Higher Gadget Prices and Weakens Global Tech Demand

Global demand for smartphones, personal computers, and gaming consoles is expected to decline this year as rising memory chip prices force manufacturers to increase product prices. Major electronics brands, ranging from...

Morgan Stanley Flags High Volatility Ahead for Tesla Stock on Robotaxi and AI Updates

Morgan Stanley has warned that Teslas fourth-quarter earnings could lead to an unusually wide range of outcomes for the stock, with investor reaction likely driven less by near-term financials and more by updates on...

Apple Stock Jumps as Company Prepares Major Siri AI Chatbot Upgrade

Apple Inc. (NASDAQ: AAPL) shares climbed as much as 1.6% on Wednesday afternoon after a Bloomberg News report revealed that the tech giant is preparing a major overhaul of Siri, signaling Apples most significant move yet...

HKEX’s Permissive IPO Rules Could Open Opportunities for Korea to Strengthen Its Position in International Listings

In 2025, the Hong Kong Stock Exchange (HKEX) became the premier venue for initial public offerings (IPOs) globally, having raised nearly US$36 billion from new listings. This notable 200% year-on-year increase is directly...

Global DRAM Chip Shortage Puts Automakers Under New Cost and Supply Pressure

Automakers worldwide are bracing for renewed cost pressures and potential production disruptions as a deepening global shortage of memory chips, particularly DRAM, intensifies due to surging demand from data centres and...